There are currently 572 real estate properties in Bonners Ferry, ID, with a median automated valuation model (AVM) price of $266,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bonners Ferry, ID, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bonners Ferry, ID, is $315,257.00, with the most expensive house in Bonners Ferry, ID, topping out at $2,451,000.00 and the cheapest home in Bonners Ferry, ID, clocking in at $49,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Bonners Ferry, ID!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bonners Ferry, ID, is on a rollercoaster ride. The average rent price in Bonners Ferry, ID, is $1,370.00. Indeed, when looking to rent in Bonners Ferry, ID, you can expect to pay as little as $1,370.00 or as much as $1,370.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Bonners Ferry, ID -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bonners Ferry, ID area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bonners Ferry, ID and much more. Save thousands at closing with home foreclosure listings in Bonners Ferry, ID — up to 75% off market value!
Bonners Ferry is located in Boundary, Idaho, with an estimated municipal population of 2,637 residents. All of the best foreclosed homes for sale in Bonners Ferry are located in the following zip code areas on Foreclosure.com: 83805. The estimated population per square kilometer (.62 miles) in Bonners Ferry is 432.
So, about how much do homes cost in Bonners Ferry? The most recent median value of resident-owned homes in Bonners Ferry is 162,212. An estimated 61.1 percent of households in Bonners Ferry own their homes, with an average family size of 2.9. The median household income in Bonners Ferry is 32,000, with6.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bonners Ferry, the median commute time of resident workers (in minutes) is 25.8. And last, but certainly not least, are you looking for homes to rent in Bonners Ferry? If so, the average rent price paid by renters in Bonners Ferry is 477, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Bonners Ferry, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Bonners Ferry is 44.8, split between 51.8 percent male versus 48.2 female. The percentage of residents who report being married in Bonners Ferry is 49.2, with an average family size of 2.9.
The percentage of residents who report their race in Bonners Ferry is as follows:
|Black / African American||2.2%|
|American Indian / Alaskan Native||1%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Bonners Ferry? Or maybe you are searching for 55+ active adult communities in and/or near Bonners Ferry?
The percentage of residents who report their age in Bonners Ferry is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Bonners Ferry with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bonners Ferry.
How do you know that living in -- or moving to -- Bonners Ferry is right where you need to be? Perhaps you grew up in Bonners Ferry or already live nearby; therefore, the decision to buy a home in Bonners Ferry is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bonners Ferry for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Bonners Ferry:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bonners Ferry.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bonners Ferry can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bonners Ferry, meanwhile, can field multiple offers from more qualified buyers.